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Centralized – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 28 Sep 2024 11:46:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Centralized – DIGIT INFO https://www.digit.info 32 32 Crypto Veteran Says Decentralized AI Reduces Bias and Manipulation Risks https://www.digit.info/crypto-veteran-says-decentralized-ai-reduces-bias-and-manipulation-risks/ Sat, 28 Sep 2024 11:46:18 +0000 https://www.digit.info/crypto-veteran-says-decentralized-ai-reduces-bias-and-manipulation-risks/ Read more]]> Albert Castellana, co-founder and CEO of Yeager.ai, believes artificial intelligence (AI) can propel blockchain-based applications beyond simple, static contracts. AI integration unlocks “much more subjective decision-making,” opening doors to entirely new use cases, he argues in written responses to Bitcoin.com News questions. Risks Associated With Centralized AI Models Castellana said he envisions developers creating applications […]

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Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity https://www.digit.info/despite-ftxs-collapse-ftts-535m-market-cap-highlights-crypto-absurdity/ Sun, 19 May 2024 12:50:08 +0000 https://www.digit.info/2024/05/19/despite-ftxs-collapse-ftts-535m-market-cap-highlights-crypto-absurdity/ Read more]]> Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto AbsurdityTen days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to a failed crypto exchange, this token still holds a market valuation of $535 […]

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With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021 https://www.digit.info/with-close-to-10-billion-stablecoins-redeemed-busds-supply-drops-to-lowest-level-since-april-2021/ Sun, 16 Apr 2023 14:30:25 +0000 https://www.digit.info/2023/04/16/with-close-to-10-billion-stablecoins-redeemed-busds-supply-drops-to-lowest-level-since-april-2021/ Read more]]> With Close to 10 Billion Stablecoins Redeemed, BUSD's Supply Drops to Lowest Level Since April 2021Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days. […]

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‘Totally Irresponsible’ — Bitcoin Proponents Express Discontent Over Twitter’s Doge Logo Change https://www.digit.info/totally-irresponsible-bitcoin-proponents-express-discontent-over-twitters-doge-logo-change/ Tue, 04 Apr 2023 17:30:15 +0000 https://www.digit.info/2023/04/04/totally-irresponsible-bitcoin-proponents-express-discontent-over-twitters-doge-logo-change/ Read more]]> After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 hours later. However, a number of bitcoin proponents expressed distaste for the logo change, and a few insisted that […]

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Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions  https://www.digit.info/crypto-hardware-wallet-maker-ledger-raises-100m-amid-growing-demand-for-secure-storage-solutions/ Fri, 31 Mar 2023 08:04:56 +0000 https://www.digit.info/2023/03/31/crypto-hardware-wallet-maker-ledger-raises-100m-amid-growing-demand-for-secure-storage-solutions/ Read more]]> Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to […]

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Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue https://www.digit.info/bitcoin-proponents-slam-nobel-laureate-paul-krugman-after-venmo-payment-issue/ Thu, 09 Mar 2023 00:30:23 +0000 https://www.digit.info/2023/03/09/bitcoin-proponents-slam-nobel-laureate-paul-krugman-after-venmo-payment-issue/ Read more]]> Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment IssueNobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems. Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant Payment Systems Nobel Prize […]

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Stablecoin Economy Sheds Another $3 Billion in 44 Days https://www.digit.info/stablecoin-economy-sheds-another-3-billion-in-44-days/ Sat, 28 Jan 2023 21:00:30 +0000 https://www.digit.info/2023/01/28/stablecoin-economy-sheds-another-3-billion-in-44-days/ Read more]]> Stablecoin Economy Sheds Another $3 Billion in 44 DaysThe stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]

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Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps https://www.digit.info/decentralized-exchange-trading-volumes-remain-lackluster-in-the-new-year-uniswap-leads-the-way-with-daily-swaps/ Sat, 14 Jan 2023 21:30:53 +0000 https://www.digit.info/2023/01/14/decentralized-exchange-trading-volumes-remain-lackluster-in-the-new-year-uniswap-leads-the-way-with-daily-swaps/ Read more]]> Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily SwapsAccording to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at […]

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Freeway reveals key factors leading to platform withdrawal halt https://www.digit.info/freeway-reveals-key-factors-leading-to-platform-withdrawal-halt/ Wed, 26 Oct 2022 04:34:54 +0000 https://www.digit.info/2022/10/26/freeway-reveals-key-factors-leading-to-platform-withdrawal-halt/

The crypto yield platform said one of its trading strategies “appears to have failed” forcing the firm halt services earlier this week.

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Celestia Raises $55 Million to Solve Blockchain Modularity Challenge https://www.digit.info/celestia-raises-55-million-to-solve-blockchain-modularity-challenge/ Fri, 21 Oct 2022 10:00:02 +0000 https://www.digit.info/2022/10/21/celestia-raises-55-million-to-solve-blockchain-modularity-challenge/ Read more]]> celestiaCelestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital, Protocol Labs, Figment, Maven 11, and Spartan Group, among […]

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